Sunday, 11 April 2010

Region. Demand for warehouse space

CBRE’s regional director of industrial and logistical services, Joshua Charles, said any warehouse vacancies would not remain empty for long and that competition for A-grade space was “most definitely building." He said CBRE had more than 376,000 square metres of warehouse requirements in Western Sydney. He was commenting following Port Botany's container through-put being up 25.4 per cent on the same month last year – the fifth consecutive month of record imports for Sydney. The UWS Urban Research Centre report, North-West and West-Central Sydney Employment Statistics, notes Western Sydney is the prime destination for Sydney’s goods traffic, performing the major role in logistics and NSW regional supply chain linkages.

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